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20130127
20130127
Search Results 0 to 16 of about 17 (some duplicates have been removed)
, is this that time? i don't think delays the debt ceiling issue for three months, for punting, which it absolutely is, is the worst thing in the world. here is why, the economy is growing, housing is recovering and we're going to get a little bit of relief here. as the economy grows, we hope that-- we're going to-- >> adam. >> the problem that you have adam, as the economy is growing, and we're coming slowly out of this recession, you've got more taxes coming, payroll taxes are going up and you're going to have the higher rates, ben says is great, rich need to pay more, but basically keeps the lights on for three days and by the way, then you have obamacare taxes. >> and then here is the thing, gerri, there's never the right time. listen, it's not about punting right now. this is an extension -- remember the deal before with the debt ceiling, supposed to be the ultimate deal we'd never have to punt again. this leads to another punt, another punt and things are getting better let's not do it now. things are getting worse, let's not do it it now. and it's raining outside, let's not do it. let gerri tal
this week that the house voted to extend the debt ceiling for a few months. we still face the sequestration and the continuing resolution. how does this play out? >> forever. >> feels like that. >> forever. they don't agree. so we're seeing an overlay of this, you know, one side the republicans, the other side the democrats. and i must say post-election, president obama has become more aggre aggressive. military spending, they don't agree with what taxation should be, title, on and on and on. gun control, they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that, a constitutional crisis in a way because this whole debt ceiling has been a weapon that the house of representatives have used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. i don't know how it the play out. >> meanwhile, the marketses are on fire. the s&p 500 hitting a new five-year high along with the dow jones industrial average. what is driving the stocks and do you think it's
it comes to the debt ceiling by allowing the debt ceiling to increase for a couple of months until may, and focus on getting what w we wa wit the otr bales at argrgument rightow. >> peter, u very much want them to tackle the spending issues. was that a smart maneuver? >> i think it was. what the republicans need to doo is return to regular order and denigrate the process if bringing a budget and spending resolutions -- began the pross of bringing up a budget and spending resolutions -- and you are making a commitment to spend addional money over a certain time, so they p pass a budget, passed appropriaons,ttach the debt ceiling, send it to the set. i understandhat e senate willorrow the house historian to find out i is they pass a budget of there. [laughs] mj you have been reporting that the republicans don'tare how they g get it, but you also report that there are some republicans that tnk it is okay to go into that peod of sequestration, with the autotic spendi cuts that are across the board, that include defensnse and domestic spendnding. whatre you hearing about the appetite for go
ceiling for three months and figure out deeper cuts to reduce the deficit. that keeps me employed for a few more months. but even before that deadline hits, again, march 1st will be on us. the so-called sequester deadline. that's a stupid washington name for a stupid and dangerous washington creation. the automatic across the board spending cuts. and then there's another date to worry about, april 15th. not just tax filing day, but the date by which congress has promised to adopt a budget resolution. they've even this time staked their pay on it, agreeing to reach a deal or face suspension of their paychecks until they reach a deal. that might just be enough of a carrot to present a budget that takes on our ballooning deficit. but the battle over that deficit make that recent battle over tax hikes for the rich seem like a friendly game of badminton. big spending cuts are needed and they will hit americans where it hurts. health care, medicare, social security. president obama emboldened by his re-election has already drawn his so-called line in the sand. now, republicans have to b
the debt ceiling to another we three months tied to pay. what is the strategy? >> i don't think the g.o.p. have one. i saw a high ranking aide to the house leadership this weekend and he told me that --. >> hobnobbing with powerful people. >> they said they turned the corner and this was a shrewd move. i see it as you, a real problem that indicates that at best the republicans have tactical responses. bottom line, the spot getting his way. >> shell shocked from the election or leaderless or both or what? >> all of it. they did not think they would lose as badly as they did right up to election night. they have never gotten a handle on why, and we have a faction of hard right tea party people in the republican caucus in the house that will not let the moderate members, even really talk to obama, talking or compromise is out. >> was there an agenda missing? >> growing the economy. >> they are the most strategic group of people. though can not figure out what they believe in and how to fight obama. >> are they on the wrong side of social issues? >> shear what they should do. they could b
party put forward a plan on the debt ceiling in debt and appears to have won the support of both the president and senate majority leader. the republican change in direction and tone was not matched by a change in the republican party's lead. the rnc reelected the chairman after losing both the white house and ten seats in congress to democrats in that 2012 election. his job as head of the national party even as lenient -- louisiana's popular governor and from a republican both cried out for the party's revitalization, new ideas, and the voices. obama administration stalwart treasury secretary gagger and secretary of state clinton bidding farewell to the administration. clinton finally this week testifying on benghazi, trying to explain away one of the administration's biggest failures. another week in which president obama has dispatched vice-president biden to campaign against the second amendment. the president's inaugural this week. next week he launches his campaign for comprehensive immigration reform. next week senator kerry to be confirmed as the next secretary of state a
this month, i'm not doing that anymore. we are not going to keep negotiating over the debt ceiling. this is our obligation over. the republicans have conceded the president had won the argument and are now -- this week they ebb extended the debt ceiling with no accompanied spending cuts. the republicans will cede that issue to him. >> your latest article, mitt romney i'm not going away. tell me. >> certainly was a little different. he came in to toub this weekend for the alfalfa dinner. we hadn't seen a lot from mitt romney since he lost in november. he to told donors that it was purposeful. he is not going anywhere. he will be active in 2013 and 2014s and in terms of 2016. although some sources said his personal ambition for public office are over. >> good to see you both today. thank you so much. >> thank you, t.j. >>> to the weather, the midwest is facing an ice threat. winter storm is dropping snow and freezing rain expected to bring icy conditions. power outages and travel delays. weather channel meteorologist mike seidel is in iowa. how bad is this going to be? >> reporter: i
approved the debt ceiling deadline without a fight but did so without making usual demands for spending cuts. before you get too comfortable with that, think again. that debt limit increase is only a temporary three-month stopgap measure to give them more time for a budget resolution in the senate and a bigger budget battle ahead which brings me to the ducks. one lame duck to be precise. ever seen a lame duck? they can't fly far. they are lucky if they get off the ground. last week, president obama laid out his fight plan for the heights of to which he hopes to soar in his second term. his agenda may never find its wings if it is stymied in the tangle of capitol hill gridlock. a seemingly endless series of cliffs, ceilings sequesters and showdowns. the upcoming budget fight is only the first of many. remember the fiscal cliff? well, it never really went away. it was postponed for a couple months. we have the threat of automatic spending cuts looming over our heads march 1s. government shutdown on the 27th. we'll need a new spending bill to keep it going. mark your calendars march 19th w
. the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year of balanced budgets and some of 9 most fiscally responsible policies from congress we have seen in modern times. \[applause] the only hope of getting anything affirmative done is requesting to come from those leverage points because president obama has indicated, sadly, he has no interest in being bill clinton. he has no interest in tacking to the middle. he has no interest in compromising with anybody, and the only way we're going to restrain the out of control spending and debt that's threatening our future is to use those leverage points to force real solutions. so that's the short term. what about the
Search Results 0 to 16 of about 17 (some duplicates have been removed)